Connecticut’s debt maintains negative rating

Published



HARTFORD, Conn. (AP) — A ratings agency has maintained Connecticut’s debt rating as negative, saying the state’s budget relies on one-time fixes and calling the state’s economic recovery “slow and uneven.”

The analysis by Fitch Ratings released Tuesday said the General Assembly relied on one-time items such as shifting millions of dollars from last year’s surplus into the budget that took effect July 1.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.